Short Term Trading Member Forum

[SilentOne]

hi DowDeva,

We've had a lift higher from the June lows and now a pullback to the week of the 16th (low could form early that week). I'm bullish from there and will accumulate trading positions again this week and add to accounts. However we are already fairly long from June.

The challenge this year is to figure out how the 4.5 year Hurst low comes and goes. I think it will contract, which would be very consistent with the shorter cycle periods we've seen for the 18 month cycle off the 2009 low. The 4 year could be a straddle move with the lows in June and then early next year. And we might actually see a higher low come in early next year.

What seems in the cards is a rally into the election. I'm betting on it and real evidence should surface by late July.

GLGT.

cheers,

john

P.S. I am switching to a new version of Sentient this week and I am not fully setup. But I should have more market time now.